Jura (JURA)

Overview

The new ultrafast, self-regulated decentralized network for the world.

Project stage

Only a whitepaper

Detailed description

The JURA Protocol distinguishes itself from the others by providing a set of well integrated solutions as a new entity. At the core of JURA is the FUSUS data structure. PoVRT, which replaces PoW is the anti-spamming tool. Each account has it’s own fusion chain. Proof of utility (PoU) then functions as an overseer for the entire network.

Mission: Build a paradigm-shifting blockchain technology that is truly decentralized and ready for real-world adoption:

Ultrafast to achieve high levels of TPS

Self-regulated to be immune from attacks from both inside and out

Readily scalable to large networks

An individual account-based DAG lattice FUSUS data structure:

Adaptive to traffic volume to adjust speed

Separate sending and receiving processes and apply unique set of rules

Parallel processing to further enhance the scalability of the platform

Compatible with smart contracts, DAG, and existing security designs

Emergency backup solution to greatly increase system-wide security

Proof of Utility (PoU):

The first generalized customizable and expandable consensus mechanism that induces self-regulation.

Utility, a pseudo credit score in a decentralized system, measures an abstract quantity of positive contribution to the system’s well-being.

More variables in addition to stake size are included in estimating the utility.

Cumulative density functions provide a system-wide assessment of stakes to decide the utility.

Little-to-no economic incentive to “game” the system and hence strong robustness to malicious attacks.

Customisable to meet the needs of diverse industries

AI Security:

Offline learning wallet protection and node detection technology

Transaction-level filtering

Malicious node warning

Increased accuracy over time

Problem

Although a large number of blockchain technologies are under development, the current publicly available blockchain solutions are still at the exploratory stage, primarily aiming to meet the large scalability, fast finality and strong reliability requirements that a robust network requires. Unfortunately, no single blockchain technology is currently able to meet all three requirements simultaneously.

Solution

JURA is a set of solutions in a decentralized network, by designing a novel fundamental data structure the Fusus as the backbone for a distributed ledger, a proof of utility consensus mechanisms to secure a well-secured network, applications of verifiable random functions (VRF) that prove to bring benefits in security, an AI security layer to filter out invalid transactions and raise alerts on potentially malicious nodes, and a sharding technique to greatly increase the scalability by reducing the amount of information and communication each node has to deal with in a P2P network.

Features

Transactions are attached algorithmically according to traffic volume, e.g., chain-like ledge in low volume (left), or DAG-like ledger in high volume (right).

Additional links

Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :JURA

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 20,000,000 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Currency token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :10,000,000,000 JURA

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :2,000,000,000 JURA

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist N/A

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes

Team

Advisors

Roadmap

Fusus and PoU: Implement and test Fusus, theoretical proofs of PoU and implementations

August 2018

Proof of concept on AI using simulated data, design and test sharding infrastructure

December 2018

Smart Contracts, Testnet

June 2019

Mainnet launch

Activity

Social

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